Gold and Silver Rates Today On August 11: Check the Latest Gold Rates in Your City

Gold and Silver Rates Today On August 11

Gold and Silver Rates Today On August 11: After a significant increase in gold prices in India yesterday, the gold rates today have slightly increased in the last 24 hours.

On August 11, the 22-carat gold rate today in India is priced at Rs Rs 64,450 per 10 grams while the 24-carat gold today is valued at Rs Rs 70,310 per 10 grams.

The 22-carat gold rates today have increased by Rs 200 compared to last day’s gold price while 24-carat gold today went up by Rs 220 in the last 24 hours.

Yesterday, the 22-carat gold price was priced at Rs 64,250 per 10 grams and the gold price for 24-carat was valued at Rs 70,090 per 10 grams.

The silver rate today in India stands at Rs 83,100 per kilogram, the silver price has increased by Rs 100 compared to yesterday's price.

If you are planning to buy jewelers or gold today then it is advised to check the current gold rates prevailing in your cities before going to purchase jewelers as it will prevent you from being scammed by charging higher prices.

Also Read: Fuel Rates Today On August 10: Check the Latest Peteol and Diesel Price in Your City

Let’s check out the prevailing gold rates today in different cities in India:

In July 2024, the government reduced the excise duty tax imposed on gold and silver which led to a significant price drop in gold rates.

The excise duty tax on gold and bars, gold coins, and gold findings was reduced from 15% to 6% while the tax on gold dore and silver dore was lowered from 14.35% to 5.35%

However, gold is a very valuable metal in India especially for Indian women as it is worn by millions of girls and women across India, gold is also used as an offering element in marriages or for worshiping God.

Also Read: Gold and Silver Rates Today On August 10: Check the Latest Gold Rates in Your City